GPC between 1986 and 2000: Looking to the future ///

On Jan. 6, 2000, two private investment partners—venture capital firm Battery Ventures and Houston-based investment firm SCF Partners—announced the acquisition of World Oil’s parent company, Gulf Publishing Company (GPC), for $20 million. Prior to the buyout, GPC had been owned by descendants of the company’s late founder, Ray L. Dudley. However, the 50-50 dot-com-era buyout sought to usher in a new dawn for both Gulf Publishing and World Oil—an era which would focus on e-commerce.

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